SBO Exceeds Expectations

Businessn.a. ♦ Published: August 23, 2012; 16:38 ♦ (Vindobona)

Schoeller-Bleckmann Oilfield Equipment AG: Half-year record sales and profit figures were up substantially. EBITDA increased by 37.9%.

SBO Exceeds Expectations / Picture: © Vindobona.org

Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX segment of the Vienna Stock Exchange, fully benefited from the strong industry cycle within the oilfield service industry - which remained unaffected by the global economic slowdown - in the first half of 2012.

"The dynamic development of bookings continued throughout the first half…